Happy guitar playing skipper with his six metre live-aboard
However the majority of live-aboards are found on sailing yachts or catamarans, mostly up to about 14 metres.
Should I buy new or pre-owned?
Some owners prefer taking delivery of a brand new vessel for the pleasure of specifying a vessel suited exactly to their requirements; having a choice of engineering, layout, equipment brands and furnishings; having a manufacturer’s warranty and benefiting from lower maintenance costs.
However people purchasing new in expectation of having no problems are often disappointed as many new boats seem to need quite a few miles cruising and some months to resolve initial teething issues. How well such issues are eventually resolved depends on the commitment of the manufacturer and to some extent how far you are away from their home base.
Other buyers prefer to purchase a pre-owned vessel for the benefits of immediate availability (there is generally a wait for new vessels), lower investment cost, lower initial depreciation cost and the fact that she’s tried and tested with more equipment, spare parts, tools, chandlery, bedding, galley utensils etc included in the price.
Should I buy direct or use a broker?
The majority of pre-owned boats are listed with brokers. An experienced broker can provide valuable assistance in finding the ideal boat for your circumstances and negotiating a deal with the seller. The seller pays the broker’s commission so there’s no disadvantage for the buyer.
If you are not using a reputable broker be very cautious about paying money without robust safeguards in place as buyers have been known to transfer significant sums to scammers posing as vendors.
In a week we’ll publish the last part of this article dealing with equipment desirable for cruising.